Constructed in 1997 and finished in October 1998, the Lorong Point lighthouse was one particular of the a lot of Philippine lighthouses created or rehabilitated beneath the Maritime Basic safety Advancement Undertaking, Phase B, funded by a P3-billion mortgage from the Overseas Economic Cooperation Fund (OECF) of the Japanese governing administration. Located in Panay, a little island northeast of Catanduanes. It is typically bewildered with the a great deal more substantial Panay Island in Western Visayas.